John Hancock Closed-end Funds Declare Monthly Dividends

BOSTON, Feb. 1  /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends today as follows:

  Declaration Date:         February 1, 2006
  Ex Date:                  February 9, 2006
  Record Date:              February 13, 2006
  Payment Date:             February 28, 2006

                                                               Annualized
  Ticker              Fund Name                  Amount     Yield at Market*
  PDF       Patriot Premium Dividend Fund I     $0.0460          6.45%
  PDT       Patriot Premium Dividend Fund II    $0.0570          6.05%
  DIV       Patriot Select Dividend Trust       $0.0660          6.34%
  PGD       Patriot Global Dividend Fund        $0.0690          6.81%
  PPF       Patriot Preferred Dividend Fund     $0.0720          6.55%
  HPI       Preferred Income Fund               $0.1550          8.24%
  HPF       Preferred Income Fund II            $0.1550          8.24%
  HPS       Preferred Income Fund III           $0.1320          7.60%
  HTD       Tax-Advantaged Dividend Income Fund $0.0967          6.65%




John Hancock Funds manages more than $34.0 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors as of September 30, 2005. Additional information about the company can be found on the website: http://www.jhfunds.com/.

John Hancock Funds is a wholly owned subsidiary of John Hancock Financial Services, Inc., a subsidiary of Manulife Financial Corporation. Founded in 1862, John Hancock Financial Services and its subsidiaries today offer a broad range of financial products and services, including whole, term, variable, and universal life insurance, as well as college savings products, mutual funds, fixed and variable annuities, long-term care insurance and various forms of business insurance.

Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners.  Funds under management by Manulife Financial and its subsidiaries were Cdn$360 billion (US$310 billion) as of September 30, 2005.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK.  Manulife Financial can be found on the Internet at http://www.manulife.com/.

* Based on January 31, 2006 closing market price. 

First Call Analyst: 

FCMN Contact: 

DATASOURCE: John Hancock



CONTACT:  Kimberley Dietrich, [phone] or Investors:

[phone], both of John Hancock, both of John Hancock

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